Business & Contract Law

The laws in this area have changed recently, and you need an attorney who is up-to-date on all of the changes and how they will affect you and your business. From setting up business entities such as LLCs, Partnerships, or Corporations, to handling complex business transactions, such as mergers, and buy-outs, to succession planning, we are here to assist you. In all cases, we will work closely with your accountants and other professionals to ensure that we maximize your potential while minimizing your tax burden and all other negative implications.

We also handle all aspects of contract law, such as reviewing and drafting contracts and enforcing and challenging existing contracts.

Establishing Your Business

Whether you are considering establishing a Limited Liability Company (LLC), a type of a Partnership (General Partnership, Limited Liability Partnership), or even a Corporation, we can assist you with this process. We can advise you as to which type of business entity will be best for you in your situation, considering not only your goals but also the tax implications of the different types of entities which you may choose from. We begin with advising you as to your options and helping you choose the best option for your situation, and we continue with drafting all of the required and recommended documents for the formation of your business. Additionally, if it is required for your business, we will assist you in registering your business entity with the Tennessee Secretary of State and advise you as to any continuing obligation you might have to the Secretary of State.

Succession Planning

If you own a business and have not already done so, you should have a plan in place for your business and what will happen in the event of your death or disability. This is known as succession planning and goes hand-in-hand with estate planning. We have years of experience assisting clients with developing succession plans for their businesses and also stay current on all of the modern techniques available with succession planning and estate planning. We can assist you in developing a plan that is right for your situation and your family, while minimizing the impact to the operation of your business upon your death or disability and also minimizing possible income taxes (including capital gains taxes) and death taxes on the transfer of your business.

Please contact us today if you are interested in consulting with us in any of these areas.

 

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